Thursday, 3 August 2017

EPIC RESEARCH MCX COPPER UPDATE OF 03 AUGUST 2017

Copper trading range for the day is 402.5-408.9. Copper dropped as a slightly firmer dollar sparked profit-taking while a brightening view of China's growth prospects underpinned prices.Growth in China's manufacturing quickened in July, a private survey showed, as output and new orders rose at the fastest pace since February on strong export sales. BHB will close its Australian Olympic Dam copper smelter down to upgrade for three months in August-November 2017.